AP NEWS

Unique Fabricating: 3Q Earnings Snapshot

November 9, 2018

AUBURN HILLS, Mich. (AP) _ Unique Fabricating Inc. (UFAB) on Friday reported third-quarter profit of $627,000.

The Auburn Hills, Michigan-based company said it had profit of 6 cents per share. Earnings, adjusted for one-time gains and costs, were 11 cents per share.

The foam and rubber products maker posted revenue of $42.1 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $44.3 million.

Unique Fabricating expects full-year earnings in the range of 58 cents to 62 cents per share, with revenue in the range of $171 million to $175 million.

Unique Fabricating shares have risen nearly 9 percent since the beginning of the year. The stock has risen 11 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UFAB at https://www.zacks.com/ap/UFAB

AP RADIO
Update hourly